secwatch.observer — SEC 8-K summary
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Issuer:     Grocery Outlet Holding Corp. (GO)
CIK:        0001771515
Form:       8-K
Filed at:   2026-05-13T20:03:18+00:00
Accession:  0001771515-26-000054
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Grocery Outlet posts Q1 net loss of $180M on $1.17B revenue; comp sales down 1%
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- Net sales $1.17B (+3.6% YoY); comparable store sales declined 1.0%.
- Operating loss of $178M includes $158M goodwill impairment and $18.2M restructuring charges.
- Net loss $180.3M or ($1.83) diluted EPS; adjusted EPS $0.05 vs $0.13 prior year.
- Gross margin 29.6% vs 30.4% last year, down 80bps partly from restructuring-related inventory markdowns.
- Adjusted EBITDA $43.1M (3.7% of sales); management notes sequential comp improvement through quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1771515/000177151526000054/0001771515-26-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1771515/000177151526000054/go-20260513.htm
  HTML page:      https://secwatch.observer/filing/0001771515-26-000054

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